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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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5311 E Highway 22 , Panama City, FL 32404
$620,000
Est. Payment: $3,425.41/mo
4004 Sqft
0.71 Acres
Status: Active | Days on site: 202
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BNTA - B11308,B11824
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Harrison Lilly Team
Owner/Operator

House Description

Property offers a recently renovated +/-4,004-square-foot building, redesigned in 2023 to meet modern standards. Positioned along high-visibility Highway 22 and just minutes from Tyndall Air Force Base and central Panama City, this commercial property offers a rare combination of modern upgrades, flexible design, and strategic location, delivering a turnkey environment suitable for a wide range of professional uses. Featuring a highly adaptable floor plan, the space includes multiple oversized rooms ideal for medical or therapy services, collaborative training environments, or open workspaces. Seven versatile rooms can be configured as private offices, exam rooms, or meeting spaces, complemented by dedicated reception and administrative areas that support efficient workflow. The property also includes five restrooms, a kitchen/break area, and additional support spaces to accommodate staff and client needs. Outside, a secure fenced yard provides valuable storage or equipment space, while ample off-street parking ensures easy access for employees, clients, and visitors. Whether for medical, physical therapy, professional office, or training facility use, this modernized building offers exceptional flexibility and long-term value in a growing market.

Highlights

Listed by Tammy R Huston , 850-960-3624 and Terry Koehn , 850-851-8634 NAI TALCOR , 850-249-2879. Bay County Association of REALTORS

Property Type

Commercial Sale

Lot/Acreage
0.71

Year Built

1991

County

Bay

Area

02 - Bay County - Central

Neighborhood

No Named Subdivision

Listing ID

782723

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Interior Features

Exterior Features

Roof:Shingle
Sewer:Public Sewer
Principal Interest
$3,425
Taxes
$395

Home Price

$620,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$124,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,425.41

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,425.41 $395.25 $0.00 $3,820.66
Yearly $41,104.93 $4,743.00 $0.00 $45,847.93
Total $1,233,147.85 $142,290.00 $0.00 $1,375,437.85

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T12:26:16.000Z

© 2026 Bay County Association of REALTORS